Inmarsat reports 10% increase in revenue in Q1

Inmarsat, a leading provider of global mobile satellite communications services, today provided the following information for the three months ended March 31, 2012.

Inmarsat plc – highlights

• Total revenue US$355 million up 10 per cent year-on-year.
• Wholesale maritime revenues up seven per cent
• Over 2,000 FleetBroadband terminals added in Q1
• Over 55,000 IsatPhone Pro subscribers at end of Q1

Inmarsat Group Limited – First quarter highlights

• Total revenue US$237 million up six per cent year-on-year
• Inmarsat Global MSS revenue US$178 million down two per cent
• Inmarsat Solutions revenue US$191 million (2011: US$176 million)
• Total EBITDA US$205 million up one per cent
• MSS active terminals up 10 per cent